Author: Sasha Planting
Date Publiched: 03 August 2012
Pretorius’s business premises have been secured and locked down.
CAPE TOWN – The Master of the High Court has provisionally appointed three curators to take joint control of the Relative Value Arbitrage Fund Trust, a scheme run by the late Herman Pretorius. The Relative Value Arbitrage Fund (RVAF) had an estimated 3 000 investors who are owed about R1.8bn.
This follows Judge Burton Fourie’s decision on Wednesday to grant an order to provisionally sequestrate the RVAF .
The application to sequestrate was brought on Tuesday by attorney Morné Strydom, a client of ………